On this second-last day of trading for 2016, the S&P 500 was about unchanged while the Toronto index was up 0.4%.
There were no particularly noteworthy moves in the stocks on our list. (Melcor was up 3.4% but the volume is too low for that move to be significant).
The Canadian dollar is at 74.16 U.S. cents. I completed another sale of U.S. dollars via DLR today. In this case I had bought the DLR.u in the U.S. side of an unregistered account. I then requested these units to be “journaled” over to the Canadian dollar side of that same account. I then waited for the trade to “settle” which it did today. I was a bit surprised to see that when it settled on the Canadian dollar side it was (conveniently) as units of DLR which is the fund of U.S. dollars that trades in Canadian dollars. (I had thought the account would label it as DLR.u trading in U.S. dollars). In any case, I was able to sell this just like selling any stock. The exchange rate that I got was 74.0 U.S. cents per Canadian dollar net of trading fees. Note that the lower the figure here the better. I did that trade this morning when the Canadian dollar was a bit under 74 cents. All in all, I received very close to the wholesale exchange rate and I am happy with my experience in using DLR.